For Denmark, Munksgaard and Morthorst (2008) conclude that if there is little or no wind (<400MW), prices can increase up to around 80 [euro]/MWh (600 DKK/MWh), whilst with strong wind (>1500MW) spot prices
can be brought down to around 34 [euro]/MWh (250 DKK/MWh).
and the true average spot price
as provided by the regulation, the
The company revealed that the specimen gold from the Ruby Mine was sold at prices up to 50% above the spot price
of gold on the date of sale.
At the end of March, Asian spot prices
were running around $15.
Figure 16 demonstrates that the market expects the UK NBP spot price
to remain relatively low, reflecting poor demand on the back of the eurozone crisis.
A few years later, spot prices
exploded and the experiment cost California ratepayers billions of dollars.
But Chinese mills have "form" when it comes to defaulting on contracts, with many turning away contracted shipments when spot prices
plunged at the end of 2008.
According to a recent report from BofA Merrill Lynch Global Commodity Research, spot prices
to ease to an average of US$120/t in 3Q and FOB prices to average US$111/t for Australia and US$103/t for Brazil.
The company chief executive officer, James T Huffman, said, 'An asset write-down is required if the net book value of the company's oil and gas properties exceeds a ceiling which is based primarily on reserves valued at spot prices
on the last day of a quarter.
Our model includes volatility in the future spot prices
of electricity and gas and allows for the fact that generators' decisions to release fuel from storage cannot be immediately reversed.
5 cents, to 47 cents/lb, and July saw much lower spot prices
for the first time in a long time.
the aggregated cumulative pass-through is consistent with the corresponding volume-weighted, composite, regional/sub regional pass-through as spot prices